Bank teller

A bank teller (often abbreviated to simply teller) is an employee of a bank who deals directly with customers. In some places, this employee is known as a cashier or customer representative.[1] Most teller jobs require experience with handling cash and a high school diploma. Most banks provide on-the-job training.

Tellers are considered a "front line" in the banking business because they are typically the first people a customer sees at the bank.

Bank tellers - 01
Bowery Savings Bank, 34th St. and 5th Ave., New York City. Tellers at machines

Responsibilities and Duties of the Bank Teller

Being front line staff they are most likely to detect and stop fraudulent transactions in order to prevent losses at a bank (counterfeit currency and checks, identity theft, confidence tricks, etc.). The position also requires tellers to be friendly and interact with the customers, providing them with information about customers' accounts and bank services. Tellers typically work from a station, usually located on a teller line. Most stations have a teller system, which includes cash drawers, receipt validator/printers, proof work sorters, and paperwork used for completing bank transactions. These transactions include:

  • Check cashing, depositing, transfers, wire transfers
  • Savings deposits, withdrawals
  • Issuing negotiable items (cashier's checks, traveler's cheques, money orders, federal draft issuances, etc.)
  • Payment collecting
  • Promotion of the financial institution's products (loans, mortgages, etc.)
  • Business referrals (trust, insurance, lending, etc.)
  • Cash advances
  • Savings bond redemption. Paper savings bonds can no longer be purchased, only electronic bonds are available for purchase now, so banks can no longer issue bonds.
  • Resolving customer issues
  • Balancing the vault, cash drawers, ATMs, and TAUs
  • Batching and Processing Proof Work (On-Us/Not-On-Us Checks, Payment Coupons, Counter Slips, etc.)
  • May include ordering products for the customer (checks, deposit slips, etc.)

Prevalence

In the United States, tellers held approximately 608,000 jobs in 2006. Of these, 1 out of 4 worked part-time. Median annual earnings as of May 2006 were $22,140.[2]

Celebrities who were former Bank Tellers

Many well-known personalities have worked as Bank Tellers including:

See also

References

  1. ^ "Scotiabank Jobs".
  2. ^ "Tellers". Occupational Outlook Handbook. U.S. Bureau of Labor Statistics. May 2006. Archived from the original on 2008-05-16. Retrieved 2008-01-31.
  3. ^ "Celebrities Who Worked In Finance Before They Became Famous".
  4. ^ "9 Boring Jobs Celebrities Had Before They Were Famous".
Cashier

A retail cashier or simply a cashier is a person who handles the cash register at various locations such as the point of sale in a retail store. The most common use of the title is in the retail industry, but this job title is also used in the context of accountancy for the person responsible for receiving and disbursing money or within branch banking in the United Kingdom for the job known in the United States as a bank teller.

Conjunction fallacy

The conjunction fallacy (also known as the Linda problem) is a formal fallacy that occurs when it is assumed that specific conditions are more probable than a single general one.

Danny Ramsay

Daniel "Danny" Ramsay is a fictional character from the Australian Network Ten soap opera Neighbours, played by David Clencie. He made his first on-screen appearance in Neighbours' first episode on 18 March 1985. Danny became the first character to speak in the show. Danny's storylines focused on his troubled relationship with his father Max and his subsequent discovery that Tim Duncan is his real father, his friendship with Scott Robinson and his job as a bank teller. Danny moved away from Ramsay Street on 31 July 1986. In 2005, Clencie reprised his role as Danny for a cameo in Annalise Hartman's documentary on Ramsay Street.

David Lago

David Scott Lago (born January 18, 1979 in Downey, California) is a Cuban-American actor. He is best known for playing Raul Guittierez on The Young and the Restless from 1999 to 2004. He has also had a recurring role as Jeremy on 7th Heaven.He was nominated for a Daytime Emmy Award in 2000, 2001, 2003, and 2004, before finally winning in 2005, his last year on the soap. He had not prepared a speech, so he left the audience stunned by simply repeating a line from the film Catch Me If You Can about two mice falling into a bucket of cream.

He also won a Young Artist Award in 2000 for his portrayal of Raul, having previously been nominated in 1999 for his role in the short-lived television series, Hollywood Safari. He has since been in a number of independent films and has also been executive producer too.

In late October 2008, it was rumored that Lago was being considered for the role of Dante Falconeri, the son of Olivia Falconeri and Sonny Corinthos, on ABC's General Hospital.

In May 2009, Lago briefly returned to The Young and the Restless in the role of Raul.

On February 3, 2010 David began starring as his idol Elvis Presley in the Broadway Production of Million Dollar Quartet in Chicago's Apollo Theater. He also starred in the erotic psychological thriller Deeper and Deeper (2010), playing the role of Ryan, a bank teller who rents a room in a high rise building to spy on an attractive business woman who lives in an adjacent building.

Deanna Brooks

Deanna Brooks (born Deanna Wilson on April 30, 1974 in Boulder City, Nevada) is an American glamour model and actress who was Playboy magazine's Playmate of the Month in May, 1998. She was a 1992 graduate of Bellbrook (OH) High School and worked as a bank teller for Key Bank before her Playboy appearance.She was also photographed by celebrity photographer William Shatner for the Cyber Club in 2004.

Discount window

The discount window is an instrument of monetary policy (usually controlled by central banks) that allows eligible institutions to borrow money from the central bank, usually on a short-term basis, to meet temporary shortages of liquidity caused by internal or external disruptions. The term originated with the practice of sending a bank representative to a reserve bank teller window when a bank needed to borrow money.The interest rate charged on such loans by a central bank is called the discount rate, base rate, or repo rate, and is separate and distinct from the prime rate. It is also not the same thing as the federal funds rate or its equivalents in other currencies, which determine the rate at which banks lend money to each other. In recent years, the discount rate has been approximately a percentage point above the federal funds rate (see Lombard credit). Because of this, it is a relatively unimportant factor in the control of the money supply and is only taken advantage of at large volume during emergencies.

Dog Day Afternoon

Dog Day Afternoon is a 1975 American crime drama film directed by Sidney Lumet, written by Frank Pierson, and produced by Martin Bregman and Martin Elfand. The film stars Al Pacino, John Cazale, Charles Durning, Chris Sarandon, Penelope Allen, James Broderick, Lance Henriksen, and Carol Kane. The title refers to the sultry "dog days" of summer.

The film was inspired by P. F. Kluge's article "The Boys in the Bank" in LIFE magazine, about a similar robbery of a Brooklyn bank by John Wojtowicz and Salvatore Naturale on August 22, 1972.

The film received critical acclaim upon its September 1975 release by Warner Bros., some of which referred to its anti-establishment tone. Dog Day Afternoon was nominated for several Academy Awards and Golden Globe awards, and won the Academy Award for Best Original Screenplay. In 2009, the film was deemed "culturally, historically, or aesthetically significant" by the Library of Congress and selected for preservation in the National Film Registry.

Double Dynamite

Double Dynamite is a 1951 American musical comedy film directed by Irving Cummings and starring Jane Russell, Groucho Marx, and Frank Sinatra. The film was written by Leo Rosten, Mel Shavelson, Mannie Manheim, and Harry Crane.

The film was originally entitled It's Only Money, before RKO owner Howard Hughes changed the title to Double Dynamite as a reference to co-star Jane Russell's famous cleavage.The movie involves a bank teller (Sinatra) suspected of embezzling who turns to a sardonic waiter (Groucho Marx) for advice. Although Sinatra has by far the most screen time, he took third billing behind Jane Russell and Groucho Marx. Most of the scenes are devoted to the interactions of Sinatra and Marx, who had just begun televising his radio show You Bet Your Life the year before and was in between his wilder Marx Brothers persona and the more toned-down television Groucho. Both Sinatra and Jane Russell play against type as a shy, timid pair, while Marx portrays a sarcastic waiter who breezily mentors the frightened young couple.

Jane Russell and Groucho Marx each sing a duet with Frank Sinatra written by Jule Styne and Sammy Cahn. Marx and Sinatra sing "It's Only Money", and Russell and Sinatra deliver the romantic "Kisses and Tears."

Filmed in 1948, it was held for several years after production, and released in 1951. Despite the star power of Sinatra, Russell, and Groucho Marx, it was not a financial or critical success.

Frank Clancy (sheriff)

Frank Bourg (1890–1955) was a New Orleans bank teller and an apparently mistaken victim of a failed contract murder on a mafia associate Sheriff Frank Clancy.

A longtime New Orleans resident, Frank Bourg had been hospitalized following a heart attack in April 1955 when an unidentified assailant, possibly posing as a visitor, entered his room and smashed the skull of the 64-year-old bank teller as he slept. Although evidence pointed to a gangland slaying, police could find no evidence of criminal associations in connection other than his nearly 30 years as a local bank teller.

However, it was later theorized that Bourg had been mistaken for Sheriff Frank Clancy, who occupied the next room as a police report stated "...from the time Clancy...entered the hospital, he...had a guard outside of his door but the guard was removed-on the morning of the attack-by someone representing themselves at the sheriff's wife."

An old time political boss, Clancy had recently appeared before the Kefauver Committee and had testified that he had allowed organized crime figures to place 5,000 slot machines in his parish. It was also claimed he had earned a percentage of gambling casinos operated by acting New Orleans crime family boss Carlos Marcello, in which he maintained the right to hire employees below management position. Although Clancey's testimony did implicate Marcelo, it had relatively little impact on his gambling operations.

Although the gangland slayings of innocent victims usually bring considerable unwanted attention and pressure from law enforcement, Marcello's organization suffered little retaliation from local authorities. While a nurse's aid gave a description of a suspect, she recanted her testimony three days later.

Clancy had apparently been talking to federal authorities regarding gambling operations in Louisiana up until Bourg's murder and, following the attempt on his life, soon stopped cooperating with authorities.

Harold D. Schuster

Harold D. Schuster (August 1, 1902 – July 19, 1986) was an American editor and film director. In 1937 he made Wings of the Morning, the first-ever three-strip Technicolor film shot in Europe.While the majority of Schuster's directorial output can be considered routine, there are two acknowledged gems among them. His 1954 film noir thriller Loophole is a fast-paced, well-acted drama about a bank teller framed for a $50,000 embezzlement and his efforts to clear his name, and his 1957 Dragoon Wells Massacre is, despite its potboiler title, an actionful, tightly made western with some surprising plot twists in which many of the characters aren't quite what they seem to be.

John Mariano

John Mariano (born August 5, 1960 in Astoria, New York) is an American actor and voice actor, who has worked in film, television, animation and nightclubs. He is known for playing tough guys with a comic edge. His ability of physical comedy has been compared to Jerry Lewis and Buster Keaton. Keaton's wife Eleanor was quoted as saying; "He reminded me so much of Buster, it gave me chills". He got his start in films playing a prissy bank teller in Tough Guys with Burt Lancaster and Kirk Douglas. Working steadily in both film and television, he's best remembered on television for playing Johnny the waiter in Caroline in the City with Lea Thompson. A gifted improviser, sketch player and voice-over artist, his impression of Robert De Niro in a sketch entitled "De Niro Sings the Supremes" at The Groundlings, led to him playing a pigeon named Bobby in the cartoon series Animaniacs, who is based on a character played by De Niro in Goodfellas.

John Winter (athlete)

John Arthur "Jack" Winter (3 December 1924 – 5 December 2007) was an Australian high jumper who won that event at the 1948 Summer Olympics in London with a jump of 1.98 metres (6 ft. 6 in.).A 23-year-old bank teller, Winter is Australia's only Olympic high jump gold medalist.

Lucílio Batista

Lucílio Cardoso Cortez Batista (born 26 April 1965 in Lisbon) is a retired Portuguese football referee. A bank teller by profession, Batista started refereeing Portuguese first division matches in the mid-1990s in the national territory. Internationally, he refereed two matches at the 2004 UEFA European Football Championship, on home soil. He also refereed two matches at the 2003 FIFA Confederations Cup in France.

Batista also had a run in the UEFA Champions League (16 matches) and UEFA Cup (ten) during his career. He retired from the game at the end of the 2009–10 season.

2006 Ukrainian Cup Final

Operational reporting

In data processing operational reporting is reporting about operational details that reflects current activity. Operational reporting is intended to support the day-to-day activities of the organization. "Examples of operational reporting include bank teller end-of-day window balancing reports, daily account audits and adjustments, daily production records, flight-by-flight traveler logs and transaction logs."

Passbook

A passbook or bankbook is a paper book used to record bank, or building society transactions on a deposit account.

Traditionally, a passbook is used for accounts with a low transaction volume, such as a savings account. A bank teller or postmaster would write, by hand, the date and amount of the transaction, the updated balance, and enter his or her initials. In the late 20th century, small dot matrix or inkjet printers were introduced capable of updating the passbook at the account holder's convenience, either at an automated teller machine or a passbook printer, either in a self-serve mode, by post, or in a branch.

Some Kind of a Nut

Some Kind of a Nut is a 1969 American comedy film written and directed by Garson Kanin and starring Dick Van Dyke, Angie Dickinson and Rosemary Forsyth.

The Precarious Bank Teller

The Precarious Bank Teller (Italian: Rag. Arturo De Fanti, bancario precario) is a 1980 Italian comedy film directed by Luciano Salce.

Two of a Kind (1983 film)

Two of a Kind is a 1983 American romantic fantasy comedy film directed by John Herzfeld and starring John Travolta and Olivia Newton-John. The original musical score was composed by Patrick Williams. Travolta plays a cash-strapped inventor while Newton-John plays the bank teller whom he attempts to rob. They must come to show compassion for one another in order to delay God's judgment upon the Earth. Despite being a critical and commercial failure, Two of a Kind yielded three popular singles for Newton-John and a Platinum certification for the soundtrack.

Washington Townsend

Washington Townsend (January 20, 1813 – March 18, 1894) was a Republican member of the U.S. House of Representatives from Pennsylvania.

Washington Townsend was born in West Chester, Pennsylvania. He attended a private school and West Chester Academy. He was engaged as a bank teller from 1828 to 1844. He studied law, was admitted to the bar in 1844 and commenced practice in West Chester. He served as prosecuting attorney of Chester County, Pennsylvania, in 1848. He served as deputy attorney under Attorneys General Darragh and Cooper. He was cashier of the Bank of Chester County from 1849 to 1857. He was a delegate to the Whig National Convention in 1852, and a delegate to the 1860 Republican National Convention.

Townsend was elected as a Republican to the Forty-first and to the three succeeding Congresses. He served as chairman of the United States House Committee on Public Lands during the Forty-third Congress. He was not a candidate for renomination in 1876. He again resumed the practice of his profession in West Chester, and served as president of the Bank of Chester County from 1879 to 1894. He died in West Chester in 1894. Interment in Oakland Cemetery, near West Chester.

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